Evening update: RCMP and OPP commissioners discussed retroactive support for the Emergencies Act

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Good evening, let’s start with today’s best stories:

RCMP Commissioner Brenda Lucki told her OPP counterpart that the federal government may ask them for a letter of support for the Emergencies Act after it was invoked .

Text messages between Commissioner Lucki and OPP Commissioner Thomas Carrique were filed during the investigation into the use of sweeping legislation on Thursday.

In texts covering three weeks in February, Commissioner Lucki warned Commissioner Carrique that the government was considering invoking the Emergency Measures Act a week before it was used. Then, a few days after Prime Minister Justin Trudeau made the public order emergency declaration, she suggested the federal government could request a letter of support for the law from the Ontario Provincial Police.

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Ukraine attacks Russia’s grip on the southern city of Kherson

Ukrainian forces attacked Russia’s hold on the southern city of Kherson on Thursday as fighting intensified in the east of the country. The battles took place amid reports that Moscow-appointed authorities have abandoned the city, joining tens of thousands of residents who have fled to other Russian-held areas.

Ukrainian forces surrounded Kherson from the west and attacked Russia’s position on the west bank of the Dnieper, which divides the region and the country.

As the fighting unfolded, Russian President Vladimir Putin said Moscow had no intention of using nuclear weapons in Ukraine, despite repeated warnings that it was prepared to use any means available to defend the country. Russia, including its nuclear arsenal.

Shopify posts higher-than-expected quarterly revenue and lower net loss, significantly boosting market share

Shopify Inc. posted higher quarterly revenue and a lower net loss than widely expected by financial analysts, instilling optimism in shareholders who saw the e-commerce company’s shares lose more than 75% of their value this year.

On Thursday, the Ottawa-based company reported that its revenue rose nearly 22% from a year ago to US$1.4 billion in the third quarter of 2022. Analysts had expected revenues peaked at US$1.3 billion in the last quarter.

Shopify also posted a loss of 2 cents per share on an adjusted basis, well below the 7 cent loss that was expected, according to consensus analysts’ estimates. Gross merchandise volume (GMV), a figure that shows the value of sales through the Shopify platform, hit $46.2 billion in the third quarter, up 11% from a year ago, albeit slightly below estimates of $46.8 billion.

ALSO ON OUR RADAR

Ottawa’s deficit is smaller: The federal deficit for the 2021-22 fiscal year was $90.2 billion, down from $327.7 billion the previous year at the height of the pandemic, according to official figures released Thursday in the Public Accounts of Canada.

The border agency details which company received a $1.2 million contract for ArriveCan’s work: The Canada Border Services Agency has revealed that Microsoft, not ThinkOn, was awarded a $1.2 million contract related to the ArriveCan app, but the agency says it will take until next week before it can announce the results of its full contract review.

The elections in Brazil are approaching: Analysts predict that win or lose, Jair Bolsonaro’s legacy and influence, as well as Bolsonarism – his far-right populist movement – will remain a strong political force in the country.

Overheating rivers threaten wild Atlantic salmon in Newfoundland: Anglers say the water in the Gander River has been remarkably soft, part of a warming trend. At temperatures above 23°C, Atlantic salmon can become stressed and anything above 28°C can be fatal.

Iranian leaders are trying to link the protests to a shooting attack that left 15 dead: Iran’s supreme leader and its president have tried to link nationwide protests that have rocked the country to an Islamic State-claimed shooting attack on a famous mosque that killed 15 people.

Memoirs of Prince Harry: The memoir of Britain’s Prince Harry will be published on January 10 under the title ‘Spare’ and will chronicle with ‘raw and unflinching honesty’ his journey from ‘trauma to healing’, Penguin Random House publisher said on Thursday. .

MARKET WATCH

The S&P 500 and Nasdaq posted losses on Thursday as investors juggled strong economic data and a mixed wave of corporate earnings.

The TSX finished with a modest gain of 72.35 points or 0.38% at 19,352.11.

In New York, the Dow Jones industrial average rose 194.17 points or 0.61% to 32,033.28. The S&P 500 index was down 23.30 points or 0.61% at 3,807.30, while the Nasdaq composite was down 178.32 points or 1.63% at 10,792.67.

The Canadian dollar was trading at 73.82 cents US, compared to 73.72 cents US on Wednesday.

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TALKING POINTS

The California homelessness disaster is a cautionary tale for us all

“What we’re seeing in California is what happens when society fails to effectively address a huge and difficult problem.” – Gary Mason

The Trudeau government wants to regulate like in 1968

“The internet may have turned everything upside down in the media world, erasing boundaries, distance, spectrum scarcity and marginal cost, but in Liberal Ottawa it’s still 1968.” – Andrew Coyne

Why are we allowing Ontario’s Catholic school system to violate the Charter?

“In this province, children who cannot prove their Catholicity may not be admitted to publicly funded elementary schools (although some boards have relaxed policies in recent years), and teachers who are otherwise fully qualified will be denied teaching positions if they belong to bad faith. – Robyn Urback

LIVE BETTER

Vacations in Quebec and Mont-Sainte-Anne

The Globe’s Jordan Chittley took his family on a ski vacation to Mont-Sainte-Anne in Quebec and his two daughters had so much fun they cried on the way home because they were sad to leave. The ski resort is about a nine-hour drive from Toronto, and an adult day ticket costs $129. There are also options for half-day and overnight skiing. If you’re wondering where to stay, the Delta Mont-Sainte-Anne Resort is the closest building to the gondola and is perhaps a 50-meter walk away. Read the rest of Chittley’s family vacation experience and tips on how to get the most out of the ski resort’s offerings.

TODAY’S LONG READ

A&W CEO Susan Senecal won’t let a recession slow the burger chain’s expansion

Susan Senecal CEO of A&WPooya Nabei/Handout

Just a few years ago, you might have said that A&W’s prospects were dazzling. Canada’s first quick-service restaurant (QSR) was the second-largest hamburger chain, after McDonald’s. It had a larger market share than Wendy’s and Burger King combined. And he’s had big success with his continent-wide first Beyond Meat Burger, which has helped the brand break into millennials. But the COVID-19 pandemic has hit A&W harder than most. QSR channels. Now CEO Susan Senecal – a 30-year veteran at A&W – has some ground to make up for, just as ill winds threaten to douse the economy’s flame.

Evening Update is written by Prajakta Dhopade. If you would like to receive this newsletter by e-mail every weekday evening, go to here register. If you have any comments, send us a Remark.

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